EURGBP Trading Plan - 30/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect EG to go Up after finishing this correction.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Forex-trading
GBPJPY Trading Plan - 25/Nov/2022Hello Traders,
Hope you all are doing good!!
I expect GJ to go Down after finishing this wave.
Look for your SELL setups.
My charts explains the reason if you are aware of the wave analysis. If not, then contact me and I can patch you up with the right people.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
Update on the WTICOUSD(Crude Oil) WTICOSUD(Crude Oil) is showing some interesting movement on major levels. Major upper and lower levels could be breached in the future.
Crude Oil is showing a strong upward movement in the 1Hour chart breaching the level of $87.894. It seems that the counter is consolidating, if the price retests the levels of $87.80 and makes any type of bullish pattern or sign, then the counter can be stated to buy on dips. However, if the price cuts under the $87.80 price mark you can say it’s a falls breakout. It seems to me that the levels from $87.894 to $82.117 are the consolidation zone because of the major support mark of $83.204 to be pressed as per ‘Hourly’ charts like 1H,2H,3H, and 4H respectively.
If the price retests the $87.80 mark shows singings of a bullish move. I see overhead resistances at the price mark of $90.00 and $94.00.
• $90.00 can be considered as overhead resistances since the recent fall after the first structure change breakout. Price was rejected twice from the zone of $90.189 to $89.826 and a major fall was seen, hence the mark of $90 as per the hourly chart
• $94 mark was considered, because of the major fall seen from this mark after the first structure change breakout.
After the signs of a retest of the $87.80 mark, the counter can be considered as “Buy On Dips”(BOD). Then after the First Structure Change in the 1Day chart if the price sustains above the price mark of $94 you can consider the counter going in an uptrend.
There is also the major possibility of the breakdown of crude, considering fundamental things. The major support level that you can see as of now is $83, if the price breaches the zone of $83.204 to $82.117 this counter can be considered as a sell-on really and the price can be seen touching the support levels of $79.418 & $76.571 as well.
In my opinion, if the price breaches the mark of $76.5 and continues to move, and also if the major level in the 1day chart breaks down, then Crude would continue the Downtrend and we can say that this was just a consolidation phase.
Furthermore, support levels in daily and weekly charts are $66.391, $62.069, $33.501 & $11.104 as far as I can see, after creating a Multi Time Frame view(MTF) from an “only chart analysis perspective”. practically speaking these levels aren’t possible in today’s economical times.
“WTICOUSD” is the code for ‘crude oil’ on the ‘trading view’ platform source known as “OANDA” to see the chart I’m talking about.
USDINR SELL OPPORTUNITYDon't miss the great SELL Opportunity in USDINR.
USDINR created a Ascending Channel Pattern and it's at major resistance of channel pattern and probably it'll bounce back to support zone which is at 80. The 1st target is 80.15
Entry: 81.47
SL: 82.07
TP1: 80.15
TP2: 77.15
RR Ratio: 1:8 Reward
EURCHF Trading Plan - 04/Sep/2022Hello Traders,
Hope you all are doing good!!
I expect EURCHF to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
CADJPY Trading Plan - 28/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect CADJPY to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
AUDCHF Trading Plan - 28/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCHF to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
USDMXN Trading Plan - 25/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect USDMXN to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
1800 Major Level to watch...As it is clear from the chart that previos support in now acting as resistance (Blue Trendline) so we can have two possible scanarios from here. one, it can take some time like a week or two to break above 1800 two, it can go directly above 1800 if hold on 1785 after FOMC minutes .
Overall my view will remain bullish till it trade above 1750 Level (Black Line) .
EURUSD Trading Plan - 16/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect EU to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
GBPCHF Trading Plan - 16/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect GBPCHF to go Up after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
CHFJPY Trading Plan - 11/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect CHFJPY to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
USDCAD Trading Plan - 04/Aug/2022Hello Traders,
Hope you all are doing good!!
I expect UCAD to go UP after finishing this correction.
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 29/07/2022FOREX GOLD XAUUSD SUPPORT AND RESISTANCE LEVELS || 29/07/2022
GOLD SIGNALS
FOREX LEVELS TODAY
TODAY GOLD LEVELS
BUY SELL GOLD
#forex #gold #xauusd #xauusdsignals #technicalanalysis
Mercury Technicals is not an investment advisory service, or a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities customers should buy or sell for themselves.
warning: Note! The Analysis video shared here are for educational/informational purposes only.
Time to shine again ...On short term outlook , after the breakout of bull flag and push during FED speech gold able to test 1740, 1740 is major level and currently gold is trading near it .
If able to breakout we can see good bounce and we can expect higher levels(1770-1772) very soon .Main resistance zone in 1745-50.
On intraday 1728 (Also Pivot on intraday ) is imp support if gold breakdown this level then we can see test towards 1720.
EURGBP Trading Plan - 21/Jul/2022Hello Traders,
Hope you all are doing good!!
I expect EURGBP to go DOWN after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
You know what's coming if breakdown 1680This is monthly chart and we can see that 1680 is major support and in last week we have seen that 1700 is Holding well so far.
If it keep holding 1700 for next week then we can expect bounce towards 1760-75 from here and if it breakdown this important support then we can see 1680 within one trading session .
As it is clear from the chart that 1680 is next important hope for bulls and can expect reversal from here ....
But as gold is currently trading in low volatility area so breakdown of 1680 can generate long term bearish move.
First Attempt Failed , Waiting for Another MoveIn Yesterday trading session we have seen that Gold Tried to Breakout this first resistance but failed now in second attempt if gold able to breakout the first resistance then we can expect good upside move and test towards 1750 is possible after today's data.
AUDNZD Trading Plan - 12/Jul/2022Hello Traders,
Hope you all are doing good!!
I expect AUDNZD to go DOWN after finishing this correction.
Look for your SELL setups.
NOTE: I expect another up thereafter but let's see how next wave will behave.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea